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Report Description

Report Description

Forecast Period

2026-2030

Market Size (2024)

USD 747.59 million

Market Size (2030)

USD 1061.56 million

CAGR (2025-2030)

5.86%

Fastest Growing Segment

Ceiling

Largest Market

Asia Pacific

Market Overview

Global Cement Board Market was valued at USD 747.59 million in 2024 and is expected to reach USD 1061.56 million by 2030 with a CAGR of 5.86% during the forecast period.

The Cement Board Market refers to the global industry involved in the production, distribution, and application of cement-based boards used as backing materials in construction projects. Cement boards are composite materials made from a mixture of cement and reinforcing fibers, offering high strength, moisture resistance, fire resistance, and durability. They serve as essential substrates in both interior and exterior construction activities, particularly in areas prone to moisture such as bathrooms, kitchens, and basements. These boards are commonly used in flooring underlayment, wall partitions, ceiling systems, and as a base for tile installations. The market caters to various end users, including residential, commercial, and industrial construction sectors.

The growth of the Cement Board Market is primarily driven by the increasing global focus on infrastructure development and rapid urbanization, especially in developing regions such as Asia Pacific and the Middle East. The growing demand for cost-effective, low-maintenance, and durable building materials has encouraged contractors and builders to adopt cement boards as a preferred solution. Moreover, the rising awareness of green construction materials and environmentally sustainable practices has pushed manufacturers to develop boards that are eco-friendly, recyclable, and contribute to energy-efficient buildings.

Additionally, the market is witnessing growth due to the increasing renovation and refurbishment activities in developed economies. The growing emphasis on fire safety regulations and moisture control in buildings further supports the adoption of cement boards, particularly in commercial and institutional spaces. Technological advancements in board manufacturing, such as lightweight and high-performance variants, are also expanding the scope of application and fueling market demand.

The rise in e-commerce platforms has made cement boards more accessible to small contractors and homeowners, further contributing to market expansion. Government initiatives supporting affordable housing and smart city developments are expected to create significant opportunities for cement board manufacturers. As construction practices evolve towards faster, cleaner, and more sustainable methods, the demand for cement boards is anticipated to grow steadily. Therefore, the Cement Board Market is poised for a strong upward trajectory, supported by structural innovations, regulatory compliance, and rising construction activities across the globe.

Key Market Drivers.

Increasing Demand for Durable and Long-Lasting Construction Materials

The cement board market is experiencing significant growth due to the rising demand for durable and long-lasting construction materials in both residential and commercial construction sectors. Cement boards, known for their exceptional strength, impact resistance, and ability to withstand harsh environmental conditions, are increasingly preferred over traditional materials like gypsum boards and vinyl siding. Their durability, with a lifespan of 30 to 50 years compared to 10 to 15 years for vinyl siding, makes them a cost-effective choice for builders and developers aiming to reduce maintenance costs and enhance structural longevity.

This preference is driven by the need for robust materials that can endure moisture, fire, and termite damage, particularly in regions prone to extreme weather or seismic activity. The construction industry’s shift toward high-performance materials aligns with the growing emphasis on quality and sustainability, as cement boards offer superior resistance to cracks and water penetration, making them ideal for applications such as siding, flooring, and tile backing.

Urbanization and the expansion of infrastructure projects globally further amplify this demand, as developers seek materials that ensure safety and longevity in high-traffic or high-stress environments. Additionally, the aesthetic versatility of cement boards, which can be pre-painted or customized, enhances their appeal for architects and designers aiming to balance functionality with visual appeal in modern construction projects.

In 2023, the global construction industry saw a 2.5% increase in the number of construction businesses in the United States, reaching 3,787,470, reflecting heightened demand for durable materials like cement boards. Additionally, the commercial construction sector in the U.S. recorded a construction value of USD 115 billion in 2022, a 21.4% increase from the previous year, indicating robust investment in long-lasting building solutions.

Surge in Residential Construction and Urbanization

The rapid pace of urbanization and the corresponding surge in residential construction are key drivers propelling the cement board market forward. As populations migrate from rural to urban areas, particularly in emerging economies, the demand for housing and urban infrastructure has skyrocketed, necessitating reliable and versatile construction materials. Cement boards are increasingly utilized in residential applications such as internal claddings, partition walls, ceilings, and tile backer boards due to their ability to provide structural integrity and resistance to environmental stressors like moisture and fire.

In regions like Asia-Pacific, where urban populations are projected to reach 70% by 2030, governments are investing heavily in affordable housing initiatives, further boosting the need for cement boards. For instance, China’s plan to provide 301,000 public housing units by 2030 underscores the scale of residential development, creating a substantial market for cement boards. The material’s ability to support prefabricated construction, which reduces build times and waste, aligns with the industry’s lean construction trends, making it a preferred choice. Moreover, rising disposable incomes and a growing middle class in developing nations are driving demand for high-quality, durable homes, further cementing the role of cement boards in meeting these evolving consumer expectations.

In 2021, the U.S. permitted 1,729 new housing units, up from 1,471 in 2020, reflecting a growing residential construction sector. Globally, China’s urban population is expected to grow by 255 million by 2030, with residential construction spending increasing by 7.9% from 2020 to 2021, reaching USD 1,463.2 billion, driving demand for cement boards.

Growing Emphasis on Sustainable and Eco-Friendly Building Practices

The global push for sustainable and eco-friendly construction practices is a significant driver for the cement board market, as these products align with the industry’s efforts to reduce environmental impact. Cement boards, particularly fiber cement boards, are considered greener alternatives to materials like vinyl siding, which produce higher carbon dioxide emissions during manufacturing and off-gas throughout their lifecycle. The incorporation of recycled materials, such as fly ash or slag, in cement board production reduces the carbon footprint and appeals to environmentally conscious builders.

Additionally, cement boards contribute to energy efficiency in buildings by providing thermal insulation, reducing heat transfer, and lowering energy consumption for heating and cooling. This aligns with global energy-saving goals, with buildings expected to account for 41% of energy savings potential by 2035. The durability and low maintenance requirements of cement boards further enhance their sustainability, as they reduce the need for frequent replacements or repairs. As governments worldwide implement stricter environmental regulations and promote green building certifications, the adoption of cement boards is increasing, particularly in regions like North America and Europe, where sustainable construction is a priority.

In 2023, global green building projects increased by 12%, with 65% of new constructions in North America incorporating sustainable materials like cement boards. Energy-efficient buildings using cement boards reduced energy consumption by up to 15% compared to traditional materials, with 2022 data showing a 10% rise in green certifications globally.

Technological Advancements in Manufacturing Processes

Advancements in manufacturing technologies are significantly driving the cement board market by improving production efficiency, product quality, and cost-effectiveness. Innovations such as automation, real-time control systems, and Building Information Modeling (BIM) have revolutionized cement board production, enabling manufacturers to optimize resource utilization, minimize waste, and enhance product consistency. These technologies allow for the creation of high-quality cement boards with enhanced properties, such as improved moisture resistance and structural strength, making them suitable for a wide range of applications.

The adoption of digital technologies, including predictive maintenance and data analytics, further streamlines production processes, reducing downtime and operational costs. For example, the integration of smart manufacturing systems has enabled producers to meet the growing demand for customized cement boards tailored to specific project requirements. These advancements not only improve the competitiveness of cement boards against alternative materials but also support the construction industry’s shift toward precision and efficiency, driving market growth as developers increasingly choose technologically superior products for modern construction projects.

In 2024, automation in cement board manufacturing increased production efficiency by 18%, reducing waste by 10% compared to traditional methods. Global investment in smart manufacturing for construction materials reached USD 2.3 billion in 2023, with 70% of cement board producers adopting digital quality control systems.

 

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Key Market Challenges

High Raw Material and Manufacturing Costs Impacting Profit Margins

The Cement Board Market faces a critical challenge in the form of elevated raw material and manufacturing costs, which significantly affect the overall profitability of market participants. Cement boards are primarily composed of materials such as cement, cellulose fibers, silica, and other additives. The prices of these raw materials are subject to volatility due to fluctuations in global demand-supply dynamics, geopolitical uncertainties, trade restrictions, and disruptions in the mining and extraction industries. The cement industry, in particular, is energy-intensive, with high dependence on fossil fuels such as coal and natural gas. As energy prices rise, the cost of manufacturing cement boards correspondingly increases, creating upward pressure on the final product pricing.

Moreover, cement board production involves complex processes including high-temperature curing, pressing, and surface treatment. These require advanced equipment and skilled labor, further contributing to the capital and operational expenditures. For manufacturers operating in regions with stringent environmental regulations, there is an added financial burden related to emission control technologies, waste management systems, and compliance documentation. The requirement to maintain product consistency and adhere to international quality standards adds another layer of operational cost.

These cumulative cost pressures can be particularly challenging for small and medium-sized enterprises, which operate with limited financial flexibility. The inability to absorb or pass on the increased costs to customers can erode profit margins and reduce competitive advantage. In price-sensitive markets, particularly in emerging economies, high pricing can restrict market penetration and discourage end users from opting for cement boards over traditional materials such as gypsum boards or wooden panels. In the absence of widespread government subsidies or financial incentives, manufacturers are compelled to engage in aggressive pricing strategies, which may lead to unhealthy competition and market fragmentation. Consequently, the high cost structure poses a persistent barrier to sustainable growth and market expansion.

Lack of Awareness and Adoption in Emerging Markets

One of the key challenges constraining the growth of the Cement Board Market is the limited awareness and adoption of cement boards in several emerging and developing markets. Despite the material’s superior properties such as moisture resistance, fire retardance, and long-term durability, its benefits are not widely recognized among end users, especially in rural or semi-urban regions. A large portion of the construction workforce and contractor community continues to rely on conventional building materials like gypsum board, plywood, or wooden panels due to familiarity, availability, and ease of installation. The lack of knowledge regarding the advantages of cement boards over these alternatives significantly restricts the potential market base.

In many developing economies, the construction sector is dominated by small-scale contractors and unorganized players who may not have access to adequate training or product knowledge. The absence of targeted educational campaigns, product demonstrations, and technical workshops further exacerbates the issue. Distributors and retailers in these regions often do not prioritize cement boards in their offerings due to lower customer demand, leading to a limited product reach. As a result, cement board manufacturers struggle to establish robust distribution networks and achieve economies of scale.

Furthermore, in regions where construction is heavily influenced by traditional practices and local building codes, there is often institutional resistance to adopting new construction technologies or materials. Regulatory frameworks may not be updated to include cement board specifications, making it difficult for developers to integrate them into approved building designs. This challenge is amplified in public sector projects, where bureaucratic hurdles can delay the acceptance of innovative building materials. In the absence of proactive engagement from cement board producers and government support, the pace of market penetration remains slow. Overcoming this challenge will require sustained investment in market education, local partnership development, and policy advocacy to promote the adoption of cement boards as a viable and preferable alternative in emerging markets.

Key Market Trends

Growing Integration of Cement Boards in Sustainable and Green Construction

One of the most prominent trends shaping the Cement Board Market is the increasing integration of cement boards into sustainable and green construction practices. As global emphasis intensifies on reducing environmental impact and improving energy efficiency in buildings, cement boards are gaining preference due to their eco-friendly composition and performance advantages. Cement boards are manufactured using non-toxic, recyclable materials and possess a longer life cycle compared to many traditional construction products. These characteristics align well with the sustainability goals of developers, government bodies, and environmentally conscious consumers.

Moreover, cement boards offer excellent thermal insulation and contribute to maintaining stable indoor temperatures, thereby reducing dependence on heating and cooling systems. This functionality plays a crucial role in helping buildings meet stringent energy efficiency standards. In addition, cement boards are known for their resistance to mold, pests, and moisture, which enhances indoor air quality and promotes healthier living environments. These features make cement boards an attractive solution in green-certified construction projects such as Leadership in Energy and Environmental Design (LEED)-compliant buildings.

With more countries introducing building regulations that emphasize environmental performance, demand for sustainable construction materials such as cement boards is expected to grow. Developers and contractors are also under increasing pressure to demonstrate environmental responsibility, both from regulatory authorities and socially conscious investors. As a result, cement board manufacturers are investing in research and development to produce boards with enhanced sustainability attributes, such as low carbon footprints and energy-efficient manufacturing processes.

Additionally, cement boards are being increasingly incorporated into prefabricated construction systems, which are viewed as more sustainable and efficient. These systems minimize waste generation, reduce labor requirements, and shorten project timelines, all while supporting environmental conservation. The growing awareness and legislative support for green construction are expected to significantly elevate the role of cement boards in the global construction industry, thereby propelling long-term growth in the Cement Board Market.

Rising Demand from the Residential Construction Sector

The Cement Board Market is experiencing a notable trend of rising demand from the residential construction sector, driven by increasing urbanization, population growth, and the rise in nuclear families across both developed and developing regions. Homeowners are increasingly seeking durable, cost-effective, and low-maintenance building materials that offer long-term value, and cement boards meet these requirements effectively. Cement boards are widely used in various residential applications, including wall partitioning, exterior cladding, flooring underlayment, and ceilings. Their ability to withstand moisture, fire, and insect damage makes them particularly suitable for kitchens, bathrooms, and other wet areas within homes.

This growing demand is also supported by government-backed housing programs and infrastructure development initiatives in emerging economies. National housing missions, affordable housing schemes, and urban redevelopment projects are significantly contributing to the volume of residential construction, thereby expanding the market for cement boards. Furthermore, the adoption of modern construction practices, such as dry wall systems and modular construction, is increasingly common in urban residential projects. Cement boards are essential components in these construction technologies due to their strength, ease of installation, and adaptability.

In addition, consumer preferences are shifting toward aesthetically pleasing and customizable interiors, leading to the increased usage of cement boards in decorative wall panels, ceilings, and designer flooring systems. Manufacturers are responding to this trend by offering a broader range of finishes, textures, and design options in cement board products, thereby catering to the premium housing market segment.

The post-pandemic shift toward home renovation and improvement projects has also driven the consumption of cement boards. With more individuals spending time at home, there is increased attention to quality, safety, and durability in home construction and refurbishment. As the residential real estate sector continues to expand, particularly in countries across Asia Pacific, Middle East, and Latin America, the demand for cement boards is expected to rise steadily, positioning the segment as a key growth driver in the Cement Board Market.

Increased Use of Cement Boards in Industrial and Commercial Infrastructure

Another key trend influencing the Cement Board Market is the increased utilization of cement boards in industrial and commercial infrastructure projects. As industries and commercial facilities require highly durable, fire-resistant, and moisture-tolerant building materials, cement boards are emerging as a preferred choice for structural and non-structural applications. These include applications in warehouses, manufacturing plants, hospitals, educational institutions, retail complexes, and office buildings where stringent building codes demand superior performance from construction materials.

The adoption of cement boards in commercial spaces is largely attributed to their low lifecycle cost, resistance to environmental wear and tear, and minimal maintenance requirements. These attributes are particularly advantageous in high-traffic and high-moisture environments, such as commercial kitchens, restrooms, storage facilities, and HVAC (Heating, Ventilation, and Air Conditioning) enclosures. Cement boards do not warp, decay, or support mold growth, making them highly suitable for long-term use in challenging operational conditions.

Furthermore, industrial users are increasingly opting for prefabricated construction methods to expedite project timelines and reduce on-site labor. Cement boards play an integral role in such modular systems due to their dimensional stability, compatibility with metal framing systems, and ease of integration into prefabricated wall and panel structures. This trend is also driven by the rising focus on workplace safety and regulatory compliance, especially in hazardous or sensitive environments such as laboratories, clean rooms, and healthcare facilities.

In commercial buildings, there is a growing trend of incorporating cement boards for aesthetic and design purposes as well. Modern architectural practices emphasize minimalistic and industrial-themed designs where cement boards can be used as exposed panels, facades, or ceiling tiles. Manufacturers have responded to this shift by launching cement boards with enhanced surface finishes, acoustic properties, and thermal insulation features.

The expanding need for robust and long-lasting materials in both new and retrofit industrial and commercial construction is expected to further accelerate the adoption of cement boards. As global investments in infrastructure development continue to rise, especially in logistics, healthcare, and institutional sectors, cement boards are likely to become indispensable in delivering efficient, safe, and sustainable buildings, reinforcing the growth trajectory of the Cement Board Market.

Segmental Insights

Product Type Insights

In 2024, the fiber cement board segment emerged as the dominant product type in the Cement Board Market and is expected to maintain its leadership throughout the forecast period. This dominance can be attributed to the superior performance characteristics offered by fiber cement boards, including high durability, excellent resistance to moisture, fire, and pests, as well as low maintenance requirements. These boards are widely utilized in both interior and exterior applications such as wall cladding, flooring underlayment, ceiling systems, and façade treatments due to their versatility and long service life.

Fiber cement boards are also highly preferred in modern construction owing to their compatibility with green building practices and energy-efficient structures. The increasing adoption of sustainable materials in residential, commercial, and industrial construction has significantly contributed to the rising demand for fiber cement boards. Moreover, advancements in manufacturing technology have enabled the production of lightweight, easy-to-install fiber cement boards with enhanced aesthetic appeal, which further drives their preference among architects and builders.

Their ability to replicate the appearance of traditional materials such as wood or stone while offering enhanced structural integrity has increased their usage in urban infrastructure and premium housing projects. In contrast, other product types such as wood cement boards and cement bonded particle boards, while having niche applications, have not achieved the same level of acceptance due to limitations in performance, availability, and higher susceptibility to environmental wear and degradation.

The continued investments by key manufacturers in research and development to improve fiber cement board formulations and expand product portfolios have further strengthened the segment’s market position. In addition, government initiatives focused on affordable housing and infrastructure development across emerging economies are expected to reinforce the demand for fiber cement boards, solidifying their dominance in the Cement Board Market during the forecast period.

Application Insights

In 2024, the wall cladding segment dominated the Cement Board Market by application and is projected to maintain its leading position throughout the forecast period. The dominance of this segment is primarily driven by the rising demand for durable, weather-resistant, and aesthetically appealing exterior and interior wall solutions in both residential and commercial construction. Cement boards used for wall cladding provide significant advantages such as superior resistance to moisture, fire, pests, and mold, making them a preferred material for high-performance building envelopes.

Additionally, their ability to support various finishes, including paint, tiles, and decorative laminates, enhances architectural flexibility and aesthetic value. With the increasing focus on urban development, infrastructure modernization, and the growth of high-rise buildings, the need for robust cladding materials that can withstand harsh environmental conditions has become more prominent. Cement boards, particularly fiber cement boards, have become the material of choice for architects and developers seeking sustainable and low-maintenance wall cladding solutions.

Furthermore, government regulations emphasizing energy efficiency and fire safety in buildings have accelerated the adoption of cement board-based cladding systems. In emerging economies, rising middle-class income and consumer preference for modern and attractive home exteriors are also contributing to the increased usage of cement boards in wall cladding applications. The commercial sector, including retail centers, office buildings, and educational institutions, is also investing significantly in cement board cladding to enhance structural aesthetics and meet regulatory compliance.

Compared to other application segments such as flooring, roofing, and ceiling, wall cladding commands a larger share of demand due to its broader applicability, higher surface coverage, and longer product lifecycle. As technological innovations in design, texture, and installation systems continue to evolve, the adoption of cement boards in wall cladding is expected to rise further, thereby reinforcing the segment’s dominance in the Cement Board Market over the forecast period.

 

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Regional Insights

Largest Region

In 2024, the Asia Pacific region dominated the Cement Board Market and is expected to maintain its dominance throughout the forecast period. This regional leadership is primarily driven by rapid urbanization, population growth, and large-scale infrastructure development across countries such as China, India, Japan, and Southeast Asian nations. The expanding residential, commercial, and industrial construction sectors in these economies have significantly increased the demand for durable, moisture-resistant, and fire-retardant building materials, making cement boards a preferred choice.

Government initiatives focused on affordable housing, smart cities, and transportation infrastructure projects have further accelerated the adoption of cement boards in various construction applications including wall cladding, flooring, roofing, and ceiling systems. Additionally, the growing emphasis on green building materials and environmentally sustainable construction practices has encouraged builders and developers to opt for cement boards due to their low environmental impact and recyclability. In countries such as China and India, the rising middle-class population and changing consumer preferences toward modern architectural aesthetics have also contributed to the widespread use of cement boards in both new construction and renovation projects.

The presence of a large number of domestic manufacturers, availability of cost-effective raw materials, and advancements in production technologies have also enabled the region to meet the growing demand efficiently while maintaining competitive pricing. Moreover, the region’s strong manufacturing base and export capabilities have allowed key players to scale up production and cater to international markets.

As the Asia Pacific region continues to witness substantial investments in infrastructure and real estate development, supported by favorable government policies and economic growth, the demand for cement boards is expected to remain robust. These factors collectively position the Asia Pacific region as the most dominant and fastest-growing contributor to the Cement Board Market, with sustained growth projected over the coming years.

Emerging Region

The Middle East and Africa region is emerging as a high-growth area in the Cement Board Market during the forecast period, driven by a combination of economic diversification, increasing construction activity, and supportive government initiatives aimed at enhancing infrastructure and urban development. Countries such as the United Arab Emirates, Saudi Arabia, Qatar, South Africa, and Egypt are witnessing a surge in residential, commercial, and industrial construction projects, which is creating significant demand for durable and cost-effective building materials such as cement boards.

In the Middle East, major government-backed initiatives including Saudi Vision 2030 and the United Arab Emirates’ focus on smart cities and tourism infrastructure are contributing to the growth of the construction sector, where cement boards are being increasingly used for wall cladding, ceilings, and moisture-prone areas due to their strength and durability. In addition, the climate conditions in this region, marked by high humidity and extreme temperatures, have led to a preference for materials that can offer long-term performance and resistance to environmental stress.

Cement boards fulfill these criteria and are being adopted in both new construction and renovation projects. In the African region, the rising population, rapid urbanization, and increasing focus on affordable housing are further accelerating market demand. Governments across the continent are actively working with international development agencies to improve housing infrastructure, which presents opportunities for cement board manufacturers to expand their presence.

Moreover, growing awareness of fire safety standards and the increasing shift towards sustainable and energy-efficient buildings are expected to drive the adoption of cement boards in this region. Although the current market share of the Middle East and Africa is smaller compared to more developed regions, its potential for rapid expansion makes it the most promising emerging region in the Cement Board Market over the forecast period, supported by ongoing construction activities and favorable policy frameworks.

Recent Development

  • In March 2025, James Hardie announced a major cash-and-stock acquisition of U.S.-based outdoor products maker AZEK for approximately US 8.7–8.75 billion, including debt. The transaction, pending shareholder approval, will create a combined powerhouse offering siding, decking, railing, and pergola products in North America. Pro forma, James Hardie shareholders will own 74% of the merged entity, with a listing on the New York Stock Exchange, significantly expanding its product portfolio, revenue synergies, and market reach
  • In April 2025, James Hardie introduced Hardie™ Designer, a digital tool powered by Hover’s artificial intelligence technology. This platform enables homeowners to upload images of their homes and experiment with various Hardie siding styles and colors, providing real-time, photorealistic visualizations for renovation planning. As the first tool of its kind in the siding industry, Hardie™ Designer is designed to enhance customer engagement, streamline decision-making, and support more confident choices in home exterior design.
  • In June 2025, James Hardie successfully priced and closed senior secured notes and arranged syndicated credit facilities to fund its acquisition of The AZEK Company and support broader corporate initiatives. This comprehensive financing package strengthens the company’s capital structure and ensures liquidity for integration and expansion efforts. The strategic move enhances James Hardie’s financial flexibility, enabling it to manage the enlarged group’s operations efficiently while pursuing long-term growth opportunities in the global building materials sector.
  • In April 2025, Etex, through its Siniat brand, launched the industry’s first plasterboard made entirely from recycled gypsum. This sustainable innovation matches the performance of traditional plasterboards while significantly reducing environmental impact. The product showcases Etex’s commitment to advancing circular economy principles and reinforces its leadership in sustainable building solutions. By pioneering this fully recycled solution, Etex sets a new benchmark in eco-friendly construction materials, aligning with global goals for reduced waste and resource-efficient manufacturing practices.

Key Market Players

  • James Hardie Industries plc
  • Etex Group
  • Cemco Inc.
  • Saint-Gobain S.A.
  • Everest Industries Limited
  • NICHIHA Co., Ltd.
  • SCG Building Materials Co., Ltd.
  • Ramco Industries Limited
  • National Gypsum Company
  • Swisspearl Group AG.

By Product Type

By Application

By End User

By Region

  • Fiber Cement Board
  • Wood Cement Board
  • Cement Bonded Particle Board
  • Others
  • Flooring
  • Wall Cladding
  • Roofing
  • Ceiling
  • Others
  • Residential
  • Commercial
  • Industrial
  • North America
  • Europe
  • South America
  • Middle East & Africa
  • Asia Pacific

 

 

 

 




Report Scope:

In this report, the Global Cement Board Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  •  Cement Board Market, By Product Type:

o   Fiber Cement Board

o   Wood Cement Board

o   Cement Bonded Particle Board

o   Others

  • Cement Board Market, By Application:

o   Flooring

o   Wall Cladding

o   Roofing

o   Ceiling

o   Others

  • Cement Board Market, By End User:

o   Residential

o   Commercial

o   Industrial

  • Cement Board Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  Germany

§  France

§  United Kingdom

§  Italy

§  Spain

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Asia-Pacific

§  China

§  India

§  Japan

§  South Korea

§  Australia

o   Middle East & Africa

§  Saudi Arabia

§  UAE

§  South Africa

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Cement Board Market.

Available Customizations:

Global Cement Board Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Cement Board Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]  

Table of content

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.    Markets Covered

1.2.2.    Years Considered for Study

1.2.3.    Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, and Trends

4.    Voice of Customer

5.    Global Cement Board Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.   Market Share & Forecast

5.2.1.    By Product Type (Fiber Cement Board, Wood Cement Board, Cement Bonded Particle Board, Others)

5.2.2.    By Application (Flooring, Wall Cladding, Roofing, Ceiling, Others)

5.2.3.    By End User (Residential, Commercial, Industrial)

5.2.4.    By Region (North America, Europe, South America, Middle East & Africa, Asia Pacific)

5.3.  By Company (2024)

5.4.  Market Map

6.    North America Cement Board Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Product Type

6.2.2.    By Application

6.2.3.    By End User

6.2.4.    By Country

6.3.  North America: Country Analysis

6.3.1.    United States Cement Board Market Outlook

6.3.1.1.   Market Size & Forecast

6.3.1.1.1. By Value

6.3.1.2.   Market Share & Forecast

6.3.1.2.1. By Product Type

6.3.1.2.2. By Application

6.3.1.2.3. By End User

6.3.2.    Canada Cement Board Market Outlook

6.3.2.1.   Market Size & Forecast

6.3.2.1.1. By Value

6.3.2.2.   Market Share & Forecast

6.3.2.2.1. By Product Type

6.3.2.2.2. By Application

6.3.2.2.3. By End User

6.3.3.    Mexico Cement Board Market Outlook

6.3.3.1.   Market Size & Forecast

6.3.3.1.1. By Value

6.3.3.2.   Market Share & Forecast

6.3.3.2.1. By Product Type

6.3.3.2.2. By Application

6.3.3.2.3. By End User

7.    Europe Cement Board Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Product Type

7.2.2.    By Application

7.2.3.    By End User

7.2.4.    By Country

7.3.  Europe: Country Analysis

7.3.1.    Germany Cement Board Market Outlook

7.3.1.1.   Market Size & Forecast

7.3.1.1.1. By Value

7.3.1.2.   Market Share & Forecast

7.3.1.2.1. By Product Type

7.3.1.2.2. By Application

7.3.1.2.3. By End User

7.3.2.    France Cement Board Market Outlook

7.3.2.1.   Market Size & Forecast

7.3.2.1.1. By Value

7.3.2.2.   Market Share & Forecast

7.3.2.2.1. By Product Type

7.3.2.2.2. By Application

7.3.2.2.3. By End User

7.3.3.    United Kingdom Cement Board Market Outlook

7.3.3.1.   Market Size & Forecast

7.3.3.1.1. By Value

7.3.3.2.   Market Share & Forecast

7.3.3.2.1. By Product Type

7.3.3.2.2. By Application

7.3.3.2.3. By End User

7.3.4.    Italy Cement Board Market Outlook

7.3.4.1.   Market Size & Forecast

7.3.4.1.1. By Value

7.3.4.2.   Market Share & Forecast

7.3.4.2.1. By Product Type

7.3.4.2.2. By Application

7.3.4.2.3. By End User

7.3.5.    Spain Cement Board Market Outlook

7.3.5.1.   Market Size & Forecast

7.3.5.1.1. By Value

7.3.5.2.   Market Share & Forecast

7.3.5.2.1. By Product Type

7.3.5.2.2. By Application

7.3.5.2.3. By End User

8.    Asia Pacific Cement Board Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Product Type

8.2.2.    By Application

8.2.3.    By End User

8.2.4.    By Country

8.3.  Asia Pacific: Country Analysis

8.3.1.    China Cement Board Market Outlook

8.3.1.1.   Market Size & Forecast

8.3.1.1.1. By Value

8.3.1.2.   Market Share & Forecast

8.3.1.2.1. By Product Type

8.3.1.2.2. By Application

8.3.1.2.3. By End User

8.3.2.    India Cement Board Market Outlook

8.3.2.1.   Market Size & Forecast

8.3.2.1.1. By Value

8.3.2.2.   Market Share & Forecast

8.3.2.2.1. By Product Type

8.3.2.2.2. By Application

8.3.2.2.3. By End User

8.3.3.    Japan Cement Board Market Outlook

8.3.3.1.   Market Size & Forecast

8.3.3.1.1. By Value

8.3.3.2.   Market Share & Forecast

8.3.3.2.1. By Product Type

8.3.3.2.2. By Application

8.3.3.2.3. By End User

8.3.4.    South Korea Cement Board Market Outlook

8.3.4.1.   Market Size & Forecast

8.3.4.1.1. By Value

8.3.4.2.   Market Share & Forecast

8.3.4.2.1. By Product Type

8.3.4.2.2. By Application

8.3.4.2.3. By End User

8.3.5.    Australia Cement Board Market Outlook

8.3.5.1.   Market Size & Forecast

8.3.5.1.1. By Value

8.3.5.2.   Market Share & Forecast

8.3.5.2.1. By Product Type

8.3.5.2.2. By Application

8.3.5.2.3. By End User

9.    Middle East & Africa Cement Board Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Product Type

9.2.2.    By Application

9.2.3.    By End User

9.2.4.    By Country

9.3.  Middle East & Africa: Country Analysis

9.3.1.    Saudi Arabia Cement Board Market Outlook

9.3.1.1.   Market Size & Forecast

9.3.1.1.1. By Value

9.3.1.2.   Market Share & Forecast

9.3.1.2.1. By Product Type

9.3.1.2.2. By Application

9.3.1.2.3. By End User

9.3.2.    UAE Cement Board Market Outlook

9.3.2.1.   Market Size & Forecast

9.3.2.1.1. By Value

9.3.2.2.   Market Share & Forecast

9.3.2.2.1. By Product Type

9.3.2.2.2. By Application

9.3.2.2.3. By End User

9.3.3.    South Africa Cement Board Market Outlook

9.3.3.1.   Market Size & Forecast

9.3.3.1.1. By Value

9.3.3.2.   Market Share & Forecast

9.3.3.2.1. By Product Type

9.3.3.2.2. By Application

9.3.3.2.3. By End User

10. South America Cement Board Market Outlook

10.1.     Market Size & Forecast

10.1.1. By Value

10.2.     Market Share & Forecast

10.2.1. By Product Type

10.2.2. By Application

10.2.3. By End User

10.2.4. By Country

10.3.     South America: Country Analysis

10.3.1. Brazil Cement Board Market Outlook

10.3.1.1.  Market Size & Forecast

10.3.1.1.1.  By Value

10.3.1.2.  Market Share & Forecast

10.3.1.2.1.  By Product Type

10.3.1.2.2.  By Application

10.3.1.2.3.  By End User

10.3.2. Colombia Cement Board Market Outlook

10.3.2.1.  Market Size & Forecast

10.3.2.1.1.  By Value

10.3.2.2.  Market Share & Forecast

10.3.2.2.1.  By Product Type

10.3.2.2.2.  By Application

10.3.2.2.3.  By End User

10.3.3. Argentina Cement Board Market Outlook

10.3.3.1.  Market Size & Forecast

10.3.3.1.1.  By Value

10.3.3.2.  Market Share & Forecast

10.3.3.2.1.  By Product Type

10.3.3.2.2.  By Application

10.3.3.2.3.  By End User

11.  Market Dynamics

11.1.     Drivers

11.2.     Challenges

12. Market Trends and Developments

12.1.     Merger & Acquisition (If Any)

12.2.     Product Launches (If Any)

12.3.     Recent Developments

13. Company Profiles

13.1.    James Hardie Industries plc

13.1.1. Business Overview

13.1.2. Key Revenue and Financials 

13.1.3. Recent Developments

13.1.4. Key Personnel

13.1.5. Key Product/Services Offered

13.2.    Etex Group

13.3.    Cemco Inc.

13.4.    Saint-Gobain S.A.

13.5.    Everest Industries Limited

13.6.    NICHIHA Co., Ltd.

13.7.    SCG Building Materials Co., Ltd.

13.8.    Ramco Industries Limited

13.9.    National Gypsum Company

13.10.  Swisspearl Group AG

14. Strategic Recommendations

15. About Us & Disclaimer

Figures and Tables

Frequently asked questions

Frequently asked questions

The market size of the Global Cement Board market was USD 747.59 million in 2024.

The ceiling segment is expected to be the fastest-growing application in the Global Cement Board Market during the forecast period. This growth is driven by increasing demand for moisture-resistant, fire-retardant, and easy-to-install ceiling solutions across residential and commercial buildings.

Cement board production faces high costs due to energy-intensive processes and costly raw materials, further burdened by strict environmental regulations. Additionally, competition from cheaper alternatives like gypsum and magnesium oxide boards, combined with installation challenges and low market awareness, restricts broader adoption in cost-sensitive and developing regions..

Rising demand for durable, fire-resistant, and moisture-proof construction materials is driving the growth of the Global Cement Board Market. Additionally, increasing infrastructure development and adoption of sustainable building practices are further propelling market expansion.

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